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TreeHouse Foods Announces 2024 Environmental, Social & Governance Report

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TreeHouse Foods (NYSE: THS) has released its 2024 Environmental, Social & Governance (ESG) Report, highlighting progress made in 2023 towards its 2030 ESG Goals. As a leading private brands snacking and beverage manufacturer in North America, TreeHouse Foods has integrated ESG work throughout its value chain. Key achievements include:

  • Reduced Scope 1 & 2 greenhouse gas emissions by 4.4%
  • Reduced Food Loss & Waste by 16.2%
  • Reduced water withdrawn in manufacturing operations by nearly 17%
  • Increased employee engagement and expanded Employee Resource Group membership by 23%
  • Increased use of RSPO-certified palm oil by 5%
  • Increased use of post-consumer recycled content by 8%

The company also conducted a prioritization assessment to align its ESG strategy with stakeholder priorities and distributed a Responsible Supplier Survey to strategic suppliers.

TreeHouse Foods (NYSE: THS) ha pubblicato il suo Rapporto Ambientale, Sociale e di Governance (ESG) 2024, evidenziando i progressi compiuti nel 2023 verso i suoi obiettivi ESG per il 2030. Come principale produttore di snack e bevande a marchio privato in Nord America, TreeHouse Foods ha integrato il lavoro ESG lungo tutta la sua catena del valore. I principali risultati includono:

  • Riduzione delle emissioni di gas serra di portata 1 e 2 del 4,4%
  • Riduzione delle perdite e degli scarti alimentari del 16,2%
  • Riduzione dell'acqua prelevata nelle operazioni di produzione di quasi il 17%
  • Aumento del coinvolgimento dei dipendenti e ampliamento dell'iscrizione ai gruppi di risorse per i dipendenti del 23%
  • Aumento dell'uso di olio di palma certificato RSPO del 5%
  • Aumento dell'uso di contenuti riciclati post-consumo dell'8%

La società ha anche condotto una valutazione di priorità per allineare la sua strategia ESG con le priorità degli stakeholder e ha distribuito un sondaggio ai fornitori responsabili ai fornitori strategici.

TreeHouse Foods (NYSE: THS) ha publicado su Informe Ambiental, Social y de Gobernanza (ESG) 2024, destacando el progreso realizado en 2023 hacia sus objetivos ESG para 2030. Como principal fabricante de snacks y bebidas de marcas privadas en América del Norte, TreeHouse Foods ha integrado el trabajo ESG a lo largo de toda su cadena de valor. Los logros clave incluyen:

  • Reducción de las emisiones de gases de efecto invernadero de Alcance 1 y 2 del 4,4%
  • Reducción de la pérdida y el desperdicio de alimentos del 16,2%
  • Reducción del agua extraída en las operaciones de fabricación en casi un 17%
  • Aumento del compromiso de los empleados y ampliación de la membresía del Grupo de Recursos para Empleados en un 23%
  • Aumento del uso de aceite de palma certificado por RSPO en un 5%
  • Aumento del uso de contenido reciclado post-consumo en un 8%

La empresa también realizó una evaluación de priorización para alinear su estrategia ESG con las prioridades de los grupos de interés y distribuyó una Encuesta de Proveedores Responsables a proveedores estratégicos.

TreeHouse Foods (NYSE: THS)는 2024 환경, 사회 및 거버넌스(ESG) 보고서를 발표하며, 2030 ESG 목표를 향한 2023년 동안의 진행 상황을 강조했습니다. 북미에서 브랜드 프라이빗 스낵 및 음료 제조업체로서 TreeHouse Foods는 가치 사슬 전반에 ESG 작업을 통합했습니다. 주요 성과는 다음과 같습니다:

  • 범위 1 및 2 온실가스 배출량 4.4% 감소
  • 식품 손실 및 폐기물 16.2% 감소
  • 제조 운영에서 추출한 물 17% 가까이 감소
  • 직원 참여 증가 및 직원 자원 그룹 멤버십 23% 확대
  • RSPO 인증 팜오일 사용량 5% 증가
  • 소비후 재활용 내용물 사용량 8% 증가

회사는 이해관계자의 우선순위와 일치하도록 ESG 전략을 정렬하기 위한 우선순위 평가를 실시하고, 전략적 공급업체에게 책임 있는 공급업체 설문조사를 배포했습니다.

TreeHouse Foods (NYSE: THS) a publié son Rapport 2024 sur l'Environnement, le Social et la Gouvernance (ESG), mettant en lumière les progrès réalisés en 2023 vers ses objectifs ESG pour 2030. En tant que fabricant leader de snacks et de boissons de marques privées en Amérique du Nord, TreeHouse Foods a intégré le travail ESG tout au long de sa chaîne de valeur. Les principales réalisations incluent :

  • Réduction des émissions de gaz à effet de serre de portée 1 et 2 de 4,4%
  • Réduction des pertes et du gaspillage alimentaires de 16,2%
  • Réduction de l'eau prélevée lors des opérations de fabrication de près de 17%
  • Augmentation de l'engagement des employés et élargissement de l'adhésion aux Groupes de Ressources pour les Employés de 23%
  • Augmentation de l'utilisation d'huile de palme certifiée RSPO de 5%
  • Augmentation de l'utilisation de contenu recyclé post-consommation de 8%

L'entreprise a également réalisé une évaluation des priorités pour aligner sa stratégie ESG sur les priorités des parties prenantes et a distribué un questionnaire aux fournisseurs responsables auprès des fournisseurs stratégiques.

TreeHouse Foods (NYSE: THS) hat seinen ESG-Bericht 2024 für Umwelt, Soziales und Unternehmensführung veröffentlicht und die Fortschritte im Jahr 2023 in Richtung der ESG-Ziele 2030 hervorgehoben. Als führender Hersteller von Snacks und Getränken in Nordamerika hat TreeHouse Foods ESG-Arbeit in seiner gesamten Wertschöpfungskette integriert. Zu den wichtigsten Erfolgen zählen:

  • Reduzierung der Treibhausgasemissionen der Kategorien 1 und 2 um 4,4%
  • Reduzierung der Lebensmittelverluste und -verschwendung um 16,2%
  • Reduzierung des Wasserverbrauchs in der Produktion um fast 17%
  • Steigerung des Mitarbeiterengagements und Erweiterung der Mitgliedschaft in den Mitarbeiterressourcengruppen um 23%
  • Steigerung der Verwendung von RSPO-zertifiziertem Palmöl um 5%
  • Steigerung der Verwendung von recyceltem Inhalt aus Endverbrauchern um 8%

Das Unternehmen führte auch eine Priorisierungseinschätzung durch, um seine ESG-Strategie an den Prioritäten der Stakeholder auszurichten, und verteilte eine Umfrage an verantwortungsvolle Lieferanten an strategische Anbieter.

Positive
  • Reduced Scope 1 & 2 greenhouse gas emissions by 4.4%
  • Reduced Food Loss & Waste by 16.2%
  • Reduced water withdrawn in manufacturing operations by nearly 17%
  • Improved employee engagement survey results by two points year-over-year
  • Expanded Employee Resource Group membership by 23%
  • Increased use of RSPO-certified palm oil by 5%
  • Increased use of post-consumer recycled content by 8%
Negative
  • None.

OAK BROOK, Ill., Aug. 1, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today released its 2024 Environmental, Social & Governance Report, which captures progress made during 2023 toward the Company's 2030 Environmental Social & Governance ("ESG") Goals.

As a leading private brands snacking and beverage manufacturer in North America, the Company understands the significant role it plays in thousands of supply chains. The Company's ESG work is integrated throughout its value chain, from supplier engagement on responsible sourcing, to finding efficiencies in its own operations, to partnering with customers on sustainability efforts.

"We focused on our ESG strategy in 2023, beginning the year with a prioritization assessment that helped us refine our areas of focus and guide our 2030 ESG Goals and this ESG report," said Steve Oakland, Chairman, CEO and President. "Our progress against our ESG goals has benefited more than our environment and our communities – it has also strengthened our strategic partnerships with our customers on similar ESG journeys."

In addition to setting its 2030 ESG Goals, TreeHouse Foods' 2023 ESG highlights include:

Environment & Climate

  • Reduced Scope 1 & 2 greenhouse gas emissions by 4.4%
  • Reduced Food Loss & Waste by 16.2%
  • Reduced water withdrawn in manufacturing operations by nearly 17%

People & Communities

  • Conducted annual employee engagement survey with a two-point year-over-year improvement
  • Donated approximately $12 million to charitable organizations
  • Expanded Employee Resource Group membership by 23%
  • Rolled out an employee learning platform

Products & Operations

  • Conducted a prioritization assessment to ensure the ESG strategy is in line with stakeholder priorities and expectations
  • Distributed a Responsible Supplier Survey to strategic suppliers to assess opportunities within the supply chain
  • Increased use of Roundtable on Sustainable Palm Oil ("RSPO")-certified palm oil by 5%
  • Increased use of post-consumer recycled content by 8%
  • Published a Responsible Sourcing Policy Grievance Mechanism

Environmental and social considerations are deeply engrained in the TreeHouse Foods Management Operating System, which includes principles on food waste reduction, energy efficiency improvements and developing our employees.

The Company continues to prioritize employee engagement and professional development, with a new online learning management system that offers expanded learning opportunities, a concentrated focus on employee health and safety, and further develops an equitable and inclusive culture.

The 2024 TreeHouse Foods ESG Report is aligned to the Sustainability Accounting Standards Board ("SASB") and the Task Force on Climate-Related Financial Disclosures ("TCFD") standards, and the Company additionally anticipates publicly disclosing their responses to the 2023 CDP Survey in September 2024.

To access the 2024 TreeHouse Foods ESG Report and for more information, visit the ESG page on the TreeHouse Foods website at https://www.treehousefoods.com/esg.

ABOUT TREEHOUSE FOODS

TreeHouse Foods, Inc. is a leading private brands snacking and beverage manufacturer in North America. Our purpose is to engage and delight - one customer at a time. Through our customer focus and category experience, we strive to deliver excellent service and build capabilities and insights to drive mutually profitable growth for TreeHouse and for our customers. Our purpose is supported by investment in depth, capabilities and operational efficiencies which are aimed to capitalize on the long-term growth prospects in the categories in which we operate.

Additional information, including TreeHouse's most recent statements on Forms 10-Q and 10-K, may be found at TreeHouse Foods' investor relations website.

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and other information are based on our beliefs, as well as assumptions made by us, using information currently available. The words "believe," "estimate," "project," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could," and similar expressions, as they relate to us, are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or intended. We do not intend to update these forward-looking statements following the date of this press release.

Such forward-looking statements, because they relate to future events, are by their very nature subject to many important factors that could cause actual results to differ materially from those contemplated by the forward-looking statements contained in this press release and other public statements we make. Such factors include, but are not limited to: risks related to quality issues, disruptions, or inefficiencies in our supply chain and/or operations; loss or consolidation of key suppliers; raw material and commodity costs due to inflation; labor strikes or work stoppages; multiemployer pension plans; labor shortages and increased competition for labor; success of our growth, reinvestment, and restructuring programs; our level of indebtedness and related obligations; disruptions in the financial markets; interest rates; changes in foreign currency exchange rates; customer concentration and consolidation; competition; our ability to execute on our business strategy; our ability to continue to make acquisitions and execute on divestitures or effectively manage the growth from acquisitions; impairment of goodwill or long lived assets; changes and developments affecting our industry, including customer preferences and the prevalence of weight loss drugs; the outcome of litigation and regulatory proceedings to which we and/or our customers may be a party; product recalls; changes in laws and regulations applicable to us; shareholder activism; disruptions in or failures of our information technology systems; geopolitical events; changes in weather conditions, climate changes, and natural disasters; and other risks that are set forth in the Risk Factors section, the Legal Proceedings section, the Management's Discussion and Analysis of Financial Condition and Results of Operations section, and other sections of our Annual Report on Form 10-K for the year ended December 31, 2023, and from time to time in our filings with the Securities and Exchange Commission ("SEC"). You are cautioned not to unduly rely on such forward-looking statements, which speak only as of the date made when evaluating the information presented in this press release. TreeHouse expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein, to reflect any change in its expectations with regard thereto, or any other change in events, conditions or circumstances on which any statement is based.

RELATED LINKS
http://www.treehousefoods.com

Cision View original content:https://www.prnewswire.com/news-releases/treehouse-foods-announces-2024-environmental-social--governance-report-302211587.html

SOURCE TreeHouse Foods, Inc.

FAQ

What are TreeHouse Foods' (THS) key ESG achievements in 2023?

TreeHouse Foods' key ESG achievements in 2023 include reducing Scope 1 & 2 greenhouse gas emissions by 4.4%, reducing Food Loss & Waste by 16.2%, reducing water withdrawn in manufacturing operations by nearly 17%, and increasing use of RSPO-certified palm oil by 5%.

How has TreeHouse Foods (THS) improved employee engagement in 2023?

TreeHouse Foods improved employee engagement in 2023 by conducting an annual employee engagement survey with a two-point year-over-year improvement, expanding Employee Resource Group membership by 23%, and rolling out an employee learning platform.

What sustainability standards does TreeHouse Foods' (THS) 2024 ESG Report align with?

TreeHouse Foods' 2024 ESG Report is aligned with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-Related Financial Disclosures (TCFD) standards. The company also plans to disclose their responses to the 2023 CDP Survey in September 2024.

How has TreeHouse Foods (THS) improved its responsible sourcing practices in 2023?

TreeHouse Foods improved its responsible sourcing practices in 2023 by distributing a Responsible Supplier Survey to strategic suppliers, increasing use of RSPO-certified palm oil by 5%, increasing use of post-consumer recycled content by 8%, and publishing a Responsible Sourcing Policy Grievance Mechanism.

Treehouse Foods, Inc.

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